Home Improvements That Pay You Back
- Remodeling the Kitchen. You can expect to recoup 60%-120% of your investment on a kitchen remodel, as long as you don’t go overboard. You should never make your kitchen fancier than the rest of the house.
- Bathroom addition. If your home only has one bathroom, you can recoup a large chunk of your investment by adding another one. It is estimated that you can recoup 80% – 130% of whatever you spend adding a bathroom.
- Adding Square Footage. Adding more square footage to your home with a new room can be an incredibly expensive project. However, you can typically recoup 50% – 83% of your initial investment. Just make sure you keep costs under control.
- Adding a Deck. If you make your deck and your backyard more appealing, your house will be more appealing to prospective buyers when you decide to sell. Homeowners can recoup 65% – 90% of their investment by adding a deck.